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417 Forest St
Kalamazoo, MI 49001
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Coinvent to downtown Kalamazoo, I-94 & Portage
- zoned mixed use commercial/residential uses
- Recently renovated, updated mechanicals & wiring
EXECUTIVE SUMMARY
Why rent a condo AND separate office space in downtown when Midtown Kalamazoo's live/work zone allows you to have an office/apartment all in one! This recently renovated 3511 s.f. building is ideal for many uses-traditional office, creative studio, hair salon or Dr. office. Add in the bonus of renting space for an apartment and this is hard to beat. Conveniently located close to downtown and minutes from Portage, I-94 & 131. Huge lot with development potential. Updated mechanicals. and wiring. Basement also provides lots of storage. Occupancy is flexible.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Office/Residential
Building Size
5,422 SF
Building Class
B
Year Built/Renovated
1965/2014
Price
$299,900
Price Per SF
$55.31
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,711 SF
Building FAR
0.12
Lot Size
1.02 AC
Zoning
CO - General Office
Parking
35 Spaces (6.46 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 06-22-321-010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $86,700 |
PROPERTY TAXES
Parcel Number
06-22-321-010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$86,700
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